XAU/USD outlook: Gold rises further on uncertainties over US trade policies, weaker Dollar – FXStreet
XAU/USD Gold prices hit a new multi-week high early Wednesday, extending Tuesday's 1.4% rise. The short-term move is largely supported by renewed uncertainty over President Trump's trade policy, which has led to a weaker dollar, and strong safe-haven demand amid widespread expectations that the Fed will maintain policy. Interest rates will remain unchanged at next […]
December Inflation clouds Fed’s outlook on interest rate cuts
Gasoline prices were the main contributor to the rise in inflation in December. (iStock) According to the Consumer Price Index (CPI), the annual inflation rate rose to 2.9% in December, slightly higher than the previous month's annual inflation rate of 2.7%. Published by the Bureau of Labor Statistics (BLS). The inflation rate in December rose […]
Eli Lilly shares tumble after cutting its sales outlook. What it means for investors – CNBC
Eli Lilly stock fell on Tuesday after its latest financial guidance disappointed investors. Jim Cramer says this drop is a buying opportunity. The pharmaceutical giant lowered its 2024 revenue outlook after lower-than-expected fourth-quarter results for the pivotal GLP-1 drug used for weight loss and diabetes. Eli Lilly said fourth-quarter sales should be about $13.5 billion, […]
Rupee to weaken past 86/USD on hawkish Fed outlook – The Economic Times
The Indian rupee fell above $86 to the dollar for the first time on Monday after strong U.S. jobs data reaffirmed expectations that the Federal Reserve will not cut interest rates significantly this year. The rupee opened at a record low of 86.2050 rupees, falling from Friday's 85.9650 rupees. U.S. employers added 256,000 jobs last […]
Gmail, Outlook and Apple users urged to watch out for this new email scam: Cybersecurity experts sound alarm
Artificial Intelligence: A real scam. AI tools are being exploited to send “hyper-personalized emails” that are so sophisticated that victims cannot tell they are fraudulent emails. According to financial timesThe AI bot collects information about email users by “analyzing their social media activity to determine what topics they are most likely to respond to” of […]
Dollar headed for best week since November on US rates, economic outlook – Yahoo Finance
Written by Lei Wee SINGAPORE (Reuters) – The dollar rose for the first time in more than a month on Friday, supported by expectations that the Federal Reserve will cut interest rates less this year and that the U.S. economy will continue to outperform the rest of the world. Recorded the best performance. . The […]
USD/CAD gains above 1.4400 as US Dollar dominates on Fed’s cautious policy outlook – FXStreet
USD/CAD rose above 1.4400 as the US dollar hit a new two-year high. The Fed is expected to go through a gradual rate-cutting cycle this year. Investors are awaiting US ISM Manufacturing PMI data for December. The USD/CAD pair rose to around 1.4420 in European trading on Thursday. The loonie pair is rising as the […]
EUR/USD remains subdued around 1.0350 as ECB maintains a dovish outlook for this year – FXStreet
EUR/USD faces headwinds as the ECB maintains a dovish stance on interest rate policy in 2025. The ECB is expected to lower deposit facility rates to a neutral rate of 2% by June 2025. The U.S. dollar index rose to multi-year highs following a hawkish policy shift by the Federal Reserve. EUR/USD continues to decline […]
Trader Predicts Ethereum-Based Altcoin Could Explode by Over 2,400%, Updates Outlook on Bitcoin – The Daily Hodl
Chart patterns suggest the Ethereum (ETH) Layer 2 Scaling Solution altcoin could soar 2,400%, according to a popular cryptocurrency analyst. Trader Ali Martinez say His 105,800 followers on social media platform “This pattern shows lower highs looming towards strong horizontal support at $0.285, a classic setup for a potential breakout. If it closes above, we […]
2025 EUR/USD Outlook Fundamental Preview – FOREX.com US
This is an excerpt from the full 2025 EUR/USD Outlook report, one of nine detailed reports on what to expect next year. Key points of the Euro 2025 outlook The euro is expected to end 2024 with a decline of more than 6.2% – the first reversal in three months and a new year-to-date low […]